Whenever a brand-new technology emerges, it often attracts a lot of investor interest. We saw it with the internet in the late 1990s. We’re seeing it today with Bitcoin. Both have been described as bubbles. The internet survived, and thrived.
Will cryptocurrencies follow the same path? Read this free report to find out.
Steven Hochberg is the Chief Market Analyst for Elliott Wave International. He is the co-editor of The Elliott Wave Financial Forecast and editor of The Short Term Update. Hochberg began his career with Merrill Lynch & Co. and joined Elliott Wave International in 1994.
Peter Kendall is co-editor of The Elliott Wave Financial Forecast. Pete authored The Mania Chronicles with Robert Prechter in 2009 and contributes to The Short Term Update. Pete began his career as a financial reporter and columnist and joined EWI in 1992.